Building Details

Building Size 2,200 SF

Year Built 1977

Year Renovated 2023

Units 1

Listing Agency: Paul Johnson & Associates

Listed By: Matthew Muzechenko · License ##570282 Show Phone

Source: Commercialcafe

Added: Apr 1 Changed: Oct 5 Last Checked: Oct 19 at 4:07AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Paul Johnson & Associates

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Investment Insights

Based on property information with market context.

This listing offers retail/restaurant space totaling 2,200 square feet, located adjacent to existing convenience and fitness users. The property is restricted to prohibit alcohol, tobacco, or vape sales.

Situated on S. 14th Street near Highway 83/84 in the southwest area of Abilene, the location places the space next to Frenchman’s Creek Shopping Center as well as 7-11. It is also positioned adjacent to Crunch Fitness.

The configuration supports a retail or restaurant concept within the stated sales restrictions, with its placement among established neighborhood-serving anchors.

Key Highlights

• 2,200 SF retail/restaurant space
• Adjacent to 7‑11 and Crunch Fitness
• Located on S. 14th Street near Highway 83/84 in southwest Abilene

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$18,702

Cap Rate

4.60%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$374,040 $374.0K

Cap Rate 7%

$267,171 $267.2K

Cap Rate 9%

$207,800 $207.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,200 SF

Gross rent

$29.0K $13.20/SF

− Vacancy

−$2.3K −$1.06/SF

EGI

$26.7K $12.14/SF

− OpEx

−$8.0K −$3.64/SF

NOI

$18.7K $8.50/SF

Area

Abilene, TX

Vacancy

8.00%

Lease Rate

$13.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$374,040

Cap Rate 7%

$267,171

Cap Rate 9%

$207,800

Alternative Uses

Best Use

Retail

$267.2K

$233.8K – $311.7K (±1% cap)

NOI $18,702 @ 7.0% cap · market cap 4.60%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$491.2K

$429.8K – $573.1K (±1% cap)

NOI $34,383 @ 7.0% cap · market cap 8.45%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Citibank ATM (7-Eleven) Atm

Suggested Use

Top Pick Restaurant Law Firm Building Supply Real Estate Agency Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

520

Businesses Nearby

Explore this area Business Placement

Demographics for 79605, TX

30,239

Population

12,795

Households

2.4

Avg Household Size

35

Median Age

25%

College-Educated

87%

High-School Grad

11.0 sq mi

ZIP Area

2,749

Density / Sq Mi

$59,565

Median Household Income

$33,537

Median Earnings

$1,077

Median Rent

$159,800

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Retail/restaurant space near Highway 83/84, positioned adjacent to 7-11 and Crunch Fitness.

Where is this retail space located?

The property is located at 4801 S 14th Street Abilene, TX.

What is the asking price?

The asking price for this property is $407,000.

What are key features of this property?

This property features: 2,200 SF retail/restaurant space; Adjacent to 7‑11 and Crunch Fitness; Located on S. 14th Street near Highway 83/84 in southwest Abilene